From TradingView · · 40s
Amazon Stock Targets $750 by 2030
Amazon's 25-year channel pattern predicts $750 stock price by 2030.
In brief
Amazon's 25-year channel pattern predicts $750 stock price by 2030. Amazon's technical analysis shows a potential $750 target by 2030 based on historical channel patterns. Originally reported by TradingView.
Amazon's 25-year channel pattern
Amazon has been trading within a 25-year channel since the October 2001 dotcom crash bottom.
1M MA100 acts as support
The 1M MA100 trend line has held through three major corrections.
Price in 0.618-0.382 Fibonacci range
Current price sits in the middle of the pattern, the historical growth channel.
Expected $750 target by 2030
Historical fractal from 2006-2010 shows +857% rally, predicting $750 by 2030.
The big picture
Amazon's technical analysis shows a potential $750 target by 2030 based on historical channel patterns.
